Engage Works enters administration as operations move to new company – Installation-international
Engage Works enters administration as operations move to new company Installation-international Read the original article here
Business-related personal insolvencies surge – Inside Retail Australia
Business-related personal insolvencies surge Inside Retail Australia Read the original article here
The Planet Is Now in a State of ‘Water Bankruptcy,’ According to a New United Nations Report – Food & Wine
The Planet Is Now in a State of ‘Water Bankruptcy,’ According to a New United Nations Report Food & Wine Read the original article here
Dimanex Declares Bankruptcy Amid Industry Consolidation – Let's Data Science
Dimanex Declares Bankruptcy Amid Industry Consolidation Let’s Data Science Read the original article here
T-Mobile US issues EUR 2.5 bln in new debt to support shareholder returns, refinancing
T-Mobile US issues EUR 2.5 bln in new debt to support shareholder returns, refinancing T-Mobile US has agreed to sell EUR 2.5 billion in new debt. The offering includes EUR 750 million of 3.2 percent senior notes due in 2032, EUR 750 million of 3.625 percent notes due 2035 and EUR 1 billion of 3.9…
Spectrum Off the Table as Corporate Asset: SC Bars Its Use in Insolvency Plans
The SC has ruled that telecom spectrum cannot be treated as a corporate asset under India’s IBC | Image: Unsplash The Supreme Court on Friday delivered a judgment asserting that telecom spectrum is a public resource and cannot be treated like other corporate assets in insolvency proceedings under the Insolvency and Bankruptcy Code. The ruling…
A tale of decline: This company which once traded at ₹600 plummeted to ₹2, find out more here
Once considered one of the country’s largest infrastructure companies, the company has now taken a completely new turn. Shares of the company, valued at approximately ₹6,000 crore, once traded above ₹600, but the situation deteriorated to a low of around ₹2. The company has now informed the exchange about who has finally acquired it during…
Genius entity enters voluntary administration – The Sector
Genius entity enters voluntary administration The Sector Read the original article here
Telecom firms can’t use IBC moratorium to defer spectrum dues, says SC | Industry News
The Supreme Court on Friday ruled that telecom companies cannot use the moratorium under the Insolvency and Bankruptcy Code (IBC), 2016, to delay or restructure payments of licence fees and spectrum dues owed to the Department of Telecommunications (DoT), Bar and Bench reported. The top court said that spectrum cannot be treated…
Ukraine expects final IMF deal approval in coming weeks – Reuters
Ukraine expects final IMF deal approval in coming weeks Reuters Read the original article here